accy201 at Ole Miss
Hey, check it out, this is the first video of Chapter 1: The Accounting Equation. It's thrilling. You're going to love it!

Hello there, I'm Aaron. I designed and coded this site, recorded all these videos, and wrote all the practice problems. I got my Undergrad and Master's in Accounting and then went on to get my CPA License (exciting, right?). I worked at Ernst and Young for about a year but never really loved it, so I quit and became a programmer. I do love accounting though, and I love teaching it, which is why I made this site. Please feel free to reach out to me if you ever have any questions!

A couple of bits of info about the site:

  • I've recorded 84 videos, which means you get 845 minutes of accounting (lucky you)
  • There are 70 practice problems right now, and I'm always adding more.
  • Those problems & videos cover all 11 chapters of Accy 201.
  • You can email me anytime at [email protected].

The Whole Class All of the Videos

    Chapter 1
    Introduction to Accounting

  1. The Accounting Equation

    3:02

  2. Assets vs Liabilities

    5:32

  3. Shareholder's Equity

    5:26

  4. The Balance Sheet

    5:52

  5. The Statement of Retained Earnings

    5:51

  6. The Income Statement

    6:19

  7. The Statement of Cash Flows

    6:02

  8. How the Statements Work Together

    9:02
    9. There are 5 practice problems in this chapter.
    Your site was the reason I got an A. This was the most helpful website, and your videos were extremely clear. I am so thankful it was recommended to me and I recommend it to anyone who really wants to understand and do well in the course.
    — Kaitlyn C., Fall 2019

    Chapter 2
    Recording Transactions

  9. Current Assets

    9:57

  10. Non-Current Assets

    10:25

  11. Current Liabilities

    6:24

  12. Non-Current Liabilites

    2:00

  13. Contributed Capital

    5:10

  14. The Classified Balance Sheet

    4:48

  15. Retained Earnings vs Shareholder's Equity

    6:41

  16. T-Accounts

    3:15

  17. Debits and Credits

    6:49

  18. Determining Normal Balances For Assets & Liabilities

    10:04

  19. Determining Normal Balance for Shareholder's Equity

    11:53

  20. Normal Balance Shortcut: Double Entry

    11:51

  21. Normal Balance Shortcut: DEAD Mnemonic

    2:36

  22. The Journal, Ledger, Trial Balance

    14:00
    23. There are 13 practice problems in this chapter.
    It really is a great resource, and you're an excellent accounting instructor.
    — Scott, Spring 2018

    Chapter 3
    Adjusting Accounts

  23. Cash vs. Accrual Accounting

    7:21

  24. Expense Recognition

    8:07

  25. Accruals and Deferrals

    15:07

  26. What is an Adjusting Entry?

    4:11

  27. Adjusting Entry: Supplies

    1:54

  28. Adjusting Entry: Wages

    4:52

  29. Adjusting Entry: Unearned Revenue

    2:11

  30. Adjusting Entry: Interest

    2:03

  31. Contra-accounts

    4:40

  32. Depreciation

    7:10

  33. The Closing Process

    10:37
    34. There are 18 practice problems in this chapter.
    Just wanted to say thank you for creating this tutoring page. It is extremely useful and it has helped me so much. You are amazing.
    — Nicold, Fall 2019

    Chapter 4
    Merchandising Firms

  34. COGS and Inventory

    2:57

  35. Net Sales

    10:03

  36. Perpetual vs Periodic

    7:10

  37. Drawbacks to Periodic

    6:07

  38. FOB Shipping?

    8:51

  39. Transportation In

    8:41

  40. COGS

    6:18

  41. The Multistep Income Statement

    12:44

  42. Gross Profit vs Net Profit

    6:15

  43. Profit Margin

    3:22
    44. There are 7 practice problems in this chapter.
    I stopped going to class after the second test and pretty much just watched your chapter videos.
    — Ryan, Spring 2016

    Chapter 5
    Inventories

  44. Specific Identification

    2:17

  45. Weighted Average

    4:21

  46. FIFO and LIFO

    20:17

  47. Estimating with Gross Profit

    7:23
    48. There are 2 practice problems in this chapter.
    As soon as I subscribed, my test grades went up at LEAST a letter grade. I only use your website and the book to study and I am about to take my final exam. I haven’t been able to come across video as helpful or as easy to follow as yours. It was beautifully simple and simply beautiful how you made it seem like a puzzle and that I should not be intimidated by financial accounting. Hopefully this final goes well, and I'm watching your videos right now to get a little review before hand.
    — Jeronimo, Summer 2018

    Chapter 6
    Cash and Bank Reconciliations

  48. Cash and Cash Equivalents

    7:52

  49. Bank Reconciliations: What and Why

    9:38

  50. Bank Reconciliations: How

    20:57

  51. Debit and Credit Memos

    5:21

  52. Fixing Mistakes in Bank Recs

    8:32
    53. There are 2 practice problems in this chapter.
    Your videos have truly helped more than I could ever explain! They gave me such a good guideline for how to solve problems, and how you go through each problem step-by-step makes accounting seem so much easier.
    — Caitlyn, Spring 2018

    Chapter 7
    Accounts Receivable and Bad Debts

  53. A/R and Bad Debts Introduction

    7:09

  54. Direct Method

    4:15

  55. The Allowance Method

    8:56

  56. Income Statement vs Balance Sheet Methods

    13:14

  57. Net Credit Sales

    5:20

  58. Write Offs and Reinstatements

    8:26

  59. Notes Receivable

    11:27
    60. There are 4 practice problems in this chapter.
    You definitely saved my grade in accounting, and you explained things very well.
    — Nicholas C., Fall 2019

    Chapter 8
    Long Term Assets

  60. Acquisition Cost of Assets

    13:23

  61. Lump Sum Purchases

    6:01

  62. What is Depreciation?

    11:23

  63. Straight Line Depreciation

    4:33

  64. Double Declining Balance

    13:58

  65. Units of Production

    3:43

  66. Partial Year Depreciation

    5:50

  67. Capital vs. Revenue Expenditures

    10:42
    68. There are 5 practice problems in this chapter.
    I learn ten times better off of videos like yours.
    — Giancarlo, Spring 2019

    Chapter 9
    Current Liabilities

  68. Interest Bearing Notes

    8:26

  69. Contingencies

    5:58
    70. There are 3 practice problems in this chapter.
    Loved how you explained the lectures, especially things like PV & PVOA.
    — Zach M., Fall 2019

    Chapter 10
    Long Term Liabilities

  70. Intro to Bonds

    10:04

  71. Discounts and Premiums

    7:34

  72. Selling at a Discount

    7:15

  73. Selling for a Premium

    8:11

  74. Amortization

    21:42

  75. Borrowing Cost

    6:33

  76. Interacting with Market Rates

    5:30

  77. Retiring Bonds

    9:54
    78. There are 5 practice problems in this chapter.
    Completely changed the way I understood Accounting. These videos got me through the class!
    — Nathan, Spring 2016

    Chapter 11
    Capital Stock

  78. Shareholder's Equity

    5:12

  79. Stock Classifications

    4:19

  80. Issuance of Stock

    6:37

  81. Treasury Stock

    11:11

  82. Cash Dividends

    9:58

  83. The Effect of Cash Dividends

    6:08

  84. Stock Dividends

    13:48
    85. There are 6 practice problems in this chapter.
    Your website is dope, it helped me a lot honestly and I never actually understood like I did when I used the website.
    — Blaze T., Fall 2019